🚀 SIGNAL: $ALGO /USDT 🚀
🔹 Direction: LONG 🟢
🔹 Entry Zone: 0.0880 – 0.0914
🎯 Take Profit (TP) Targets:
0.0980
0.1050
0.1150
🚫 Stop Loss (SL): 0.0830
⚙️ Leverage: 3x - 5x (Cross/Isolated)
📊 Short Market Analysis:
$ALGO is showing signs of a relief bounce on the 1D (Daily) chart after a heavy downtream flush. The price has formed a local double-bottom structure around the 0.0850 region and is now printing a green reversal candle.
While it is still trading below the major moving averages (yellow, pink, and purple lines), the immediate selling pressure has exhausted. A successful push above the immediate resistance could trigger a quick short-squeeze rally back toward the 0.1000 psychological level.
#ALGO #CryptoSignals #Trading #Binance #Market_Update

ALGOUSDT
Perp
0.095
+3.14%